§ 17–607.1
Statutes in effect as of October 1, 2026.
Md. Code Ann., Bus. Occ. & Prof. § 17-607.1 (2026)
Title 17. Real Estate Brokers
Subtitle 6. Prohibited Acts; Penalties
§ 17–607.1LinkCopy Citation
(a)
In this section, “commercial real estate” has the meaning stated in § 17–524.1 of this title.
(b)
Except as otherwise provided in subsection (c) of this section, in a real estate transaction involving commercial real estate, a real estate broker, a nonresident real estate broker, an associate real estate broker, a real estate salesperson, a nonresident real estate salesperson, or a lawyer acting as a real estate broker may not require a buyer, as a condition of settlement, to employ a particular:
(1)
title insurance company;
(2)
settlement company;
(3)
escrow company; or
(4)
title lawyer.
(c)
A seller may not be prohibited from offering owner financing as a condition of settlement.